CDLF’s Global Experts Announce Plans to Invest in Distressed Chinese Real Estate
SINGAPORE--(BUSINESS WIRE)--Dr. William Yip, managing director of the CDL China Real Estate Opportunity Fund L.P. (CDLF), today announced CDLF’s sponsorship of the Real Estate Investment World Asia (REIW) 2009 conference and its June road show.
REIW takes place June 23-24 at the Raffles City Convention Center in Singapore. There, Dr. Yip will participate in a panel discussion at 2 p.m. June 24 titled, “Country Chronicles: Exploring Direct and Distressed Real Estate Investment Opportunities.” CDLF’s road show for potential investors, which kicks off June 22-25 in Singapore, includes Hong Kong (June 26-29) and Shanghai (June 30-July 2).
CDLF invests in distressed Chinese real estate and other real estate opportunities in Greater China. The Fund, with a $1 billion target size, leverages a seasoned group of more than 400 professionals in Greater China and global real estate and finance partners. More information about CDLF is available at www.cdlchinafund.com.
“The global economic downturn and numerous fundamentals have set the stage for one of the most lucrative investment opportunities in the history of Chinese real estate,” said Dr. Yip, chairman of Canada Land Limited (ASX: CDL) and a world-renowned author and international businessman known in academic and business circles as an authority. “Capitalizing on the current correction in Chinese real estate requires extensive market analysis, due diligence, focus on quality over quantity, an investment strategy that’s weighted toward multi-family, multi-tier residential developments, and an ability to leverage strong relationships with Chinese government authorities and the local real estate community.
“Based on CDL’s success in Chinese real estate and our alliances with other highly esteemed experts worldwide, our team is exceptionally well-positioned to leverage the emerging opportunities in Chinese real estate.”
Canada Land Limited, established in 1972 by Dr. Yip, is a publicly traded Chinese real estate development firm with headquarters in Hong Kong and successful real estate operations in the U.S., Canada, Hong Kong and mainland China.
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